ROME, IT -- The International Council of Chemical Associations has released a report looking at the lifecycle impacts of products made from chemicals, showing how certain products can prevent and reduce carbon dioxide (CO2) and other greenhouse gas (GHG) emissions.

The report looks at 2005 figures, stating that in that year, chemical products and technologies helped save more than two to three times as many CO2 equivalent emissions than they contributed to putting out. The report considers the entire lifecycles of the chemical products, from material extraction to disposal.

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Between 1990 and 2005, the European Union's chemical industry's production increased 60 percent as total energy use stayed flat, reducing absolute GHG emissions by almost 30 percent.